Economy
Employers right to fire employee
This refers to the news item ``Exporters seek mandate to hire and fire'' (Business Line July 31, Page 8). Right from the first independent Government headed by Jawaharlal Nehru, an error has been committed in viewing and understanding the relationship be tween an employer and his staff. During the struggle for freedom every option was considered right to attain the goal of Independence, though Mahatma Gandhi expressed views against this policy. But no one considered it worthwhile to understand it or view it seriously.

Mutual Funds
US-64 issue
Despite one scam after another shocking the economy, no lessons seem to have been learnt. In the light of UTI debacle -- the redemption crisis faced by US-64 scheme -- it is suggested that the Government should come out with some regulations prohibiting the deployment of money deposited with a PF Trust in equity.

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